Federal Act
on Collective Investment Schemes
(Collective Investment Schemes Act, CISA)


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Art. 118b Change of authorisation or approval status

1 A col­lect­ive in­vest­ment scheme that has au­thor­isa­tion or ap­prov­al from FINMA may sur­render this if:

a.
it meets the con­di­tions set out in Art­icle 118a para­graph 1 let­ters a−c; and
b.
it is en­sured that the in­terests of the in­vestors are safe­guarded.

2 The Fed­er­al Coun­cil shall reg­u­late the de­tails. It shall lay down the meas­ures to en­sure that the in­terests of in­vestors are safe­guarded.

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